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Feb 22, 2013
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>> even the japanese economy is about china. the american economy relies on them for the military and -- to maintain a stable balance of power in action -- they are concerned of a change in power. chinese growth makes the japanese economy important. and they will talk about china. >> they have to have japan act -- the second and third largest economies in china and japan, and japan is the counterbalance. >> the u.s. doesn't have the ability to stop china's growth, and will the major economies have the clout to write the rules and set the norms that make sure china's rise is useful. >> we could be talking ofut the security concerns china and japan. this is almost the same, keeping a check on the rising china. >> containing china is not in our means. there is a finite security problem, the island dispute where both sides have been more robust, shall we say, in pursuing the claims as japan buys the islands and china by swarming the waters with paramilitary units, much more aggrressive in the rules of engagement. the prime minister
>> even the japanese economy is about china. the american economy relies on them for the military and -- to maintain a stable balance of power in action -- they are concerned of a change in power. chinese growth makes the japanese economy important. and they will talk about china. >> they have to have japan act -- the second and third largest economies in china and japan, and japan is the counterbalance. >> the u.s. doesn't have the ability to stop china's growth, and will the...
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Feb 22, 2013
02/13
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did make some transitions in the economy, make it a little bit liberalized from that perspective. there is one very important point. throughout their range, the castros have not allow anybody to come up to challenge the rule. there is not be right now that could step into that role. this period of transition will be very important. >> the only people around him are of similar age. octogenarians. if you are looking to the next generation, who would that be? >> that is a good question. perspective,ogical probably not. we're speculating, but part of that would be to ensure purity.call suggested they need to begin to lay the groundwork for that transition. they do not want the revolution to end when their lives to. >> what extent has delivered on that? what would change? >> there have been changes. economically, there have been changes. from my perspective, they have not been -- they have not been significant. if you replace castro with a younger generation, those changes might speed up. the u.s. relationship with cuba is codified in u.s. law. there would have to be some real changes
did make some transitions in the economy, make it a little bit liberalized from that perspective. there is one very important point. throughout their range, the castros have not allow anybody to come up to challenge the rule. there is not be right now that could step into that role. this period of transition will be very important. >> the only people around him are of similar age. octogenarians. if you are looking to the next generation, who would that be? >> that is a good...
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Feb 22, 2013
02/13
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another driving force of the sell-off in commodities is worries about the global economy. if growth falters, there will less demand for most raw materials. the minutes from the federal reserve's most recent meeting suggested the central bank may wind down its bond buying program sooner than expected. >> people see that the world economy is being partially sustained by this money printing. so, if there's going to be a constriction in that flow, that could crimp activity. >> reporter: but for now, some traders don't think crude will head much lower: >> right now, i'd be looking to maybe get my toe back in to by around the $92 level. it has come off so far so fast. >> reporter: when it comes to gold, some bulls are confident the yellow metal will soar past $2,000 an ounce this year or next. that's because many countries want to devalue their currencies. >> net net, all the currencies in the world are in a position of wanting to devalue themselves, whether its to spur trade, or reduce the liabilities of the debts these nations need to pay. >> reporter: and in that environment,
another driving force of the sell-off in commodities is worries about the global economy. if growth falters, there will less demand for most raw materials. the minutes from the federal reserve's most recent meeting suggested the central bank may wind down its bond buying program sooner than expected. >> people see that the world economy is being partially sustained by this money printing. so, if there's going to be a constriction in that flow, that could crimp activity. >> reporter:...
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Feb 22, 2013
02/13
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japan used to be the most powerful economy in the region but china has grown, a lot of it is due to the help that japan has given it. but now china feels that its day has returned. >> and in fact it surpassed japan just in economic test. >> that's right. and it is now building up a military capable which is still interior to that of japan. and definitely inper-- inferior to that of the united states but they feel now that china can't be pushed aroundment and they want to assert themselves. and so when their territorial interests are being challenged, then they push very hard. the other reason is-- . >> warner: were you talking about japan or china. >> china. >> warner: and what about japan? >> then japan feels that it is on the defensive. that if it does not show kind of firmness and resolve, then it invites further intimidation and bullying on the part of china. so even though the intrendic interests of these islands may be marchial by giving in to chinese intimidation, they feel then that that is kind of rewards that bullying on the part of china. >> warner: there s of course, these u
japan used to be the most powerful economy in the region but china has grown, a lot of it is due to the help that japan has given it. but now china feels that its day has returned. >> and in fact it surpassed japan just in economic test. >> that's right. and it is now building up a military capable which is still interior to that of japan. and definitely inper-- inferior to that of the united states but they feel now that china can't be pushed aroundment and they want to assert...
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Feb 22, 2013
02/13
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this health care economy is going to eat us alive. i mean it's almost as if, charlie, we've been living in two worlds. in our world, in everybody's world except the health care world, the economy is actually to the been so great in case you haven't noticed in you know the last you know decade. certainly the last five or six years. the economy hasn't been so great there are issues with employment, issues with income security, all this stuff that we've all lived through. then there's this other world in the united states called the health care economy where everything has been booming. the jobs keep growing. incomes keep going up. hospitals -- >> insurance companies are doing okay. >> the insurance companies are doing okay. ge is doing great, selling cat scans, siemens is doing great selling cat scans. the drug companies are doing great. it got to a point because i started this, you know, awhile ago, we just updated the c.e.o. salaries for the hospitals i write about. they were going up 5, 10, 15%. >> a bitter pym by steven brill. nicol
this health care economy is going to eat us alive. i mean it's almost as if, charlie, we've been living in two worlds. in our world, in everybody's world except the health care world, the economy is actually to the been so great in case you haven't noticed in you know the last you know decade. certainly the last five or six years. the economy hasn't been so great there are issues with employment, issues with income security, all this stuff that we've all lived through. then there's this other...
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Feb 22, 2013
02/13
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♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> suarez: there may be hope yet for bringing the national epidemic of obesity under control. at least, the latest numbers on calories and fast food, released today, indicated possible progress. for years, health officials have warned about americans' growing girth. now, research from the centers for disease control and prevention suggests the fight against fat may be having an effect. among the findings: american children consumed fewer calories in 2010 than a decade before-- 7% less for boys and 4% less for girls. and for adults, fast food accounted for just over 11% of the calories consumed in 2010, down from nearly 13% in 2006.
♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> suarez:...
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Feb 22, 2013
02/13
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WETA
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is it, to the economy? >> well, first of all, it's substantial to the people affected, no question about that. in terms of its impact on the economy, we recently did a study that suggested if the sequester goes into full effect march 1, want impact will be to knock .6% off of growth this year. that is if we thought the economy was going to grow at about 2.6% without the sequester, that will be reduced to 2% with the sequester. >> tom: for this year, we're talking $85 billion potentially taken out of the growth of government spending between march 1 and the end of september and a $4 trillion budget. proportionally for median household income that's the equivalent of $1,000 out of a $50,000 income being taken out. how can that impact economy so much? >> well, it's-- it amounts to something like an 8% cut in the level of government services, other kinds of government expenditures, and at the margin, that's enough to have a noticeable impact on economic growth. now, remember, it's 80-odd-billion over the second
is it, to the economy? >> well, first of all, it's substantial to the people affected, no question about that. in terms of its impact on the economy, we recently did a study that suggested if the sequester goes into full effect march 1, want impact will be to knock .6% off of growth this year. that is if we thought the economy was going to grow at about 2.6% without the sequester, that will be reduced to 2% with the sequester. >> tom: for this year, we're talking $85 billion...
WHUT (Howard University Television)
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Feb 22, 2013
02/13
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WHUT
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a third economy is italy. that's faring even poorer. going into an election this weekend, the economy is still expected to some rnk by .1% now. -- schrenk by .1%. >> italy continues to contract for the next year, pretty significantly, much more than france and germany, which everyone has been focusing on today. i think we can expect italy's economic performance to be bad the next couple of years. >> but there is a growing consensus things could even get worse depending on the election results this weekend. it's been called the make or break election. if the winner departs too far from the economic reforms which were put in place by the outgoing president, the markets could turn against italy once again. our correspondent spoke to one of italy's most successful entrepreneurses, the man behind a jeans company. he certainly has his concerns about the abilities of all the candidates going forward. >> just thinking about the tuation, just to make some little adjust, readjust, what exists. it's not really a program how to do something for thi
a third economy is italy. that's faring even poorer. going into an election this weekend, the economy is still expected to some rnk by .1% now. -- schrenk by .1%. >> italy continues to contract for the next year, pretty significantly, much more than france and germany, which everyone has been focusing on today. i think we can expect italy's economic performance to be bad the next couple of years. >> but there is a growing consensus things could even get worse depending on the...
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Feb 22, 2013
02/13
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LINKTV
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today, archaeologists struggle to reconstruct the economies of the ancient world, because an economy is essential to any society, past or present. to understand the evolution of economies is to better understand people of all places and of all times. captions by captionamerica, pittsburgh, pa. funding for this program was provided by...
today, archaeologists struggle to reconstruct the economies of the ancient world, because an economy is essential to any society, past or present. to understand the evolution of economies is to better understand people of all places and of all times. captions by captionamerica, pittsburgh, pa. funding for this program was provided by...
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Feb 22, 2013
02/13
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FBC
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to the overall national economy. go back to rebuild the infrastructure, get citying working again. adam: i love the midwest, the rust belt, my favorite part of the country because i lived there. i heard this, put people back to work, since i was a kid in the 70s and 80s, but it didn't happen in detroit. >> water. when you consider all the great lakes cities and states sit on the largest supply of fresh water in the world, this is our future. there's no reason why we should see these communities start to go down so, you know, it -- part of it, back to what i said, we need a national economic policy to put a full employment economy, and we need health care for all. the health care costs are going out of site because the private sector is taking one out of every three dollars for corporate profit stock, executive salaries. we need a new approach. rebuild the infrastructure. adam: do you agree with the congressman or something, i mean, we have to deal with immediately. >> i agree we have to invest more in the infrastruct
to the overall national economy. go back to rebuild the infrastructure, get citying working again. adam: i love the midwest, the rust belt, my favorite part of the country because i lived there. i heard this, put people back to work, since i was a kid in the 70s and 80s, but it didn't happen in detroit. >> water. when you consider all the great lakes cities and states sit on the largest supply of fresh water in the world, this is our future. there's no reason why we should see these...
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Feb 22, 2013
02/13
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that is downer for economy. government is hurting us with the federal reserve and what the federal government is doing with taxes and spending. adam: what is the word we should fear? we're here from the government and and we're here to help you. >> watch the wallet what is left of it. adam: editor-in-chief. thanks for joining us today. >> thank you. shibani: does boeing have a fix for its dreamliner nightmare? it is a nightmare that keeps going on and going on. the company is presenting a solution to the faa today. we'll go live to wash an for the latest details -- washington. adam: also look at some of today's winners and losers. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanes are now powering some of america's biggest cities. siemens. answers. he's going to apply testos
that is downer for economy. government is hurting us with the federal reserve and what the federal government is doing with taxes and spending. adam: what is the word we should fear? we're here from the government and and we're here to help you. >> watch the wallet what is left of it. adam: editor-in-chief. thanks for joining us today. >> thank you. shibani: does boeing have a fix for its dreamliner nightmare? it is a nightmare that keeps going on and going on. the company is...
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Feb 22, 2013
02/13
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economy now taking a toll on businesses and consumers. welcome to a new hour of america live, everyone, i'm megyn kelly. some economists are seeing new warning signs that higher taxes, flat wages and growing debt are slowing our already struggling economy. in recent days we've seen reports that wal-mart is stocking more shelves with less expensive products to adjust for a drop in consumer buying power just, just earlier this week we documented wal-mart describing january as a total disaster for it. in terms of sales. part of the drop blamed on skyrocketing gas prices that jumped nearly 50 cents in the past month alone. in addition to the payroll tax hike that people suffered this year, taken a 2% chunk out of the average paycheck for 77% of americans. now, a new survey says that 7 out of 10 americans are cutting back on spending as a direct result of the factors and much more. national correm angle with more on this. >> hello, megyn, consumers are spending less as their confidence drops and higher gas prices take more money out of their p
economy now taking a toll on businesses and consumers. welcome to a new hour of america live, everyone, i'm megyn kelly. some economists are seeing new warning signs that higher taxes, flat wages and growing debt are slowing our already struggling economy. in recent days we've seen reports that wal-mart is stocking more shelves with less expensive products to adjust for a drop in consumer buying power just, just earlier this week we documented wal-mart describing january as a total disaster for...
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Feb 22, 2013
02/13
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our economy is too small or government is too big. if we have some cuts or something that even looks like cuts it will add certainty to the business climate. it will make a meaningful difference. in a few months obama will take credit for what will come after the sequester. >> we'll leave it on that pearl of wisdom. folks if you insist on panicking about something consider the huge cost of all those federal government government workers. you won't believe how much their unfunded pension obligations are. they are going broke and there may be another taxpayer bailout in the cards. and once again don't forget free market capitalism is the best bath to prosperity. "the kudlow report" is coming back with more capitalism. don't worry, folks, help is on the way. >> remain calm. all is well. all is well! i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random
our economy is too small or government is too big. if we have some cuts or something that even looks like cuts it will add certainty to the business climate. it will make a meaningful difference. in a few months obama will take credit for what will come after the sequester. >> we'll leave it on that pearl of wisdom. folks if you insist on panicking about something consider the huge cost of all those federal government government workers. you won't believe how much their unfunded pension...
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Feb 22, 2013
02/13
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it was the second early indicators signaling a strong rebound of the german economy. the euro was lagging behind the pessimistic remarks of the eu commission on the eurozone economy worried currency traders. >> we stay in frankfurt for a closer look at friday's numbers. the dax up by more than a full percent at 7661. euro stoxx 5 those doing much better -- 50 doing much better. across the atlantic, the dow once again flirting with 14,000, and the year of trading at a value of $1.3179 -- euro trading at a value of $1.3179. interior minister has been given the task of forming a new government after the resignation of the prime minister who lost support in an apparent power struggle between his party's moderate and hard-line wings. liberals in the country accuse the incoming prime minister of not doing enough to stop violence by radical islamists. germany's defense minister might have jumped the gun on announcing with the u.s. plans to do in afghanistan. at least -- he says at least a thousand american troops will stay in afghanistan after 2014 when international troops
it was the second early indicators signaling a strong rebound of the german economy. the euro was lagging behind the pessimistic remarks of the eu commission on the eurozone economy worried currency traders. >> we stay in frankfurt for a closer look at friday's numbers. the dax up by more than a full percent at 7661. euro stoxx 5 those doing much better -- 50 doing much better. across the atlantic, the dow once again flirting with 14,000, and the year of trading at a value of $1.3179 --...
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Feb 22, 2013
02/13
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CURRENT
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voters tend to blame the president's party if the economy's not working. so there's a kind of irresponsibility built into that. plus they're coming from the gerrymandered districts that are very safe, republican districts for the most part so the bulk of the republican congress won't even face any serious competition in another year and feel safe to do whatever they will. what's strange though is this is -- both parties are talking about inflicting austerity cuts, on an economy that is very weak. the president gains an advantage because he wants to do what is sensible which is some combination of tax hikes on the rich and sensible spending cuts. whereas republicans are simply going after the entitlement programs whenever they can. but what the problem is, we need a program to get the economy moving and to get the 20 million people in need of full-time work, back to work. and if we do that, that will bring down the deficit. if instead we start making these cuts in an economy that's already losing ground in the last quarter we're likely -- we could well put
voters tend to blame the president's party if the economy's not working. so there's a kind of irresponsibility built into that. plus they're coming from the gerrymandered districts that are very safe, republican districts for the most part so the bulk of the republican congress won't even face any serious competition in another year and feel safe to do whatever they will. what's strange though is this is -- both parties are talking about inflicting austerity cuts, on an economy that is very...
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Feb 22, 2013
02/13
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economy. all in the economy for 2013 can grow numb to present and 2014 you can see modest amount of improvement. sandra: the sequester we are we away from and gas prices, the new norm is $3.75 at the pump? >> i hope that is not the new norm but we have seen the squeeze in the gasoline market last couple years as refinery switchover to producing their suburbans. it is a temporary spike the will go away by the middle of the year. we are in agreement that if the economy is doing better, we're growing 3%, where is the fire? why the need to buy $80 million of security? widely knee--2% of the federal funds rate? that doesn't make any sense in the world. the unemployment rate is a lagging indicator. it improves after the fact. monetary policy takes a long time to take effect. [talking over each other] >> the federal reserve just wants to guarantee that there is going to be improvement in the u.s. economy where we are going to have self sustaining recovery. we both agree right now we are not there, no
economy. all in the economy for 2013 can grow numb to present and 2014 you can see modest amount of improvement. sandra: the sequester we are we away from and gas prices, the new norm is $3.75 at the pump? >> i hope that is not the new norm but we have seen the squeeze in the gasoline market last couple years as refinery switchover to producing their suburbans. it is a temporary spike the will go away by the middle of the year. we are in agreement that if the economy is doing better,...
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Feb 22, 2013
02/13
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strategically here at the end of the day the economy has to grow. so people can blame the last four years and george w. bush story like this guy, but you know what, things are going to get tougher and tougher for him as he continues to win a little paper cup battles but the economy doesn't grow. lou: congressman, i'm with you to a point. this should be about the national interest. this should be about the nation and the correct leaders and direction for this government. i am afraid that has been lost and all of this. >> this is a president to really could go down in history as one of the best presidents, but he is deciding deliberately not to do that. he could come work with the republicans to make cuts to this government, balance the budget. i think he is campaigning for one thing which is that he wants to win in 2014. when i say when, he was the republicans to be kicked out of the house city can't put nancy pelosi back in a speaker. tactically he can get all these little victories. overall of the economy doesn't grow the american people don't win
strategically here at the end of the day the economy has to grow. so people can blame the last four years and george w. bush story like this guy, but you know what, things are going to get tougher and tougher for him as he continues to win a little paper cup battles but the economy doesn't grow. lou: congressman, i'm with you to a point. this should be about the national interest. this should be about the nation and the correct leaders and direction for this government. i am afraid that has...
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Feb 22, 2013
02/13
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WMPT
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. >> your personal economy is made up of the things that matter most, including your career. and as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> at union bank, our relationship managers work hard to know your business. offering specialized solutions in capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now "bbc world news america." >> reporting from washington. bail.pistorius is granted the magistrate complaints the case has become a spectacle. disspirited italians go to the polls wondering if anyone can fix their country's economic problems. from the streets to the red carpet of hollywood, we followed two boys as they take a long journey in search of oscar gold. welcome to our viewers on public television in americ
. >> your personal economy is made up of the things that matter most, including your career. and as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> at union bank, our relationship managers work hard to know your business. offering...
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Feb 22, 2013
02/13
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CNBC
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economy. >> no. except now we get to introduce the volatility and the uncertainty related to the sequester. as we were talking about off camera with becky, macro economic advisers who seem to be the barometer for this right now have it hitting gdp like 0.6%. if you're optimistic for the full year you've got to cut that on your forecast. while that may not be the same as a european inspired decline it's enough to push the fed further off the future isn't it not? >> it's certainly a drag. but i think it will be probably a smaller drag than macro advisers, they tend to overstate in my view. >> burt you're listening. where do you come down on this? >> i agree with this. i think 2.5% is about right. you know, the consumer is chugging along here okay. business spending is accelerating and that's certainly really good news. the real danger here for me is europe. you know, the bad news out of spain with the budget deficit. you know, i don't know who's taking these german competence surveys, but clearly senti
economy. >> no. except now we get to introduce the volatility and the uncertainty related to the sequester. as we were talking about off camera with becky, macro economic advisers who seem to be the barometer for this right now have it hitting gdp like 0.6%. if you're optimistic for the full year you've got to cut that on your forecast. while that may not be the same as a european inspired decline it's enough to push the fed further off the future isn't it not? >> it's certainly a...
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of the biggest economy so now is the first time ever most americans think trying to has already overtaken the mainland became the world's biggest trading nation last week america's losing hole of a million jobs to its every single you join his economy professor berry north somewhere else in regular black hills in the u.s. fully bridges roads book killing in storms other countries do with just fine is minimal spending on infrastructure a key reason in america's decline absolutely i mean i was in china of last fall and one of the things and that sort of shocked me about coming back to my home country is you look around at the infrastructure and so shabby and it you and we americans have come to expect that our infrastructure will be second right and it's not necessary and it has huge costs at times and again we seem to lack the political will to reverse it and china has shown anyone you asked earlier about things that have been surprising i think one of the other things that has been surprising about china's approach is that they have very successfully invested in infrastructure out ahead o
of the biggest economy so now is the first time ever most americans think trying to has already overtaken the mainland became the world's biggest trading nation last week america's losing hole of a million jobs to its every single you join his economy professor berry north somewhere else in regular black hills in the u.s. fully bridges roads book killing in storms other countries do with just fine is minimal spending on infrastructure a key reason in america's decline absolutely i mean i was in...
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Feb 22, 2013
02/13
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COM
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there's the economies of all of us and the island, health care economy. we've had a pretty rough time over the last four or fives, six years in our economy. there's a lot of unemployment, a lot of pressure on us. not on that island. everybody just keeps making more money. >> jon: right. >> it's as if they don't exist in the universe and worst of all, the money they are making they are taking from all of us and bankrupting the country and it's bankrupting people. 60% of the personal bankruptcies in this country come from medical bills. >> jon: what is crazy to me is when you begin to tease it apart. when you begin to deconstruct it, it's made of sand. as i'm reading it's 36 pages. as you get higher and higher in the pages you feel like chuck yaeger breaking the sound barrier. i was like oh, my god. by page ten i was like i can't take it anymore. there's something -- you cannot believe this. there's something called the charge master. >> right. >> jon: and the charge master sets the price. so if you want an mri that's $6,000 according to the charge master.
there's the economies of all of us and the island, health care economy. we've had a pretty rough time over the last four or fives, six years in our economy. there's a lot of unemployment, a lot of pressure on us. not on that island. everybody just keeps making more money. >> jon: right. >> it's as if they don't exist in the universe and worst of all, the money they are making they are taking from all of us and bankrupting the country and it's bankrupting people. 60% of the personal...
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Feb 22, 2013
02/13
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FOXNEWS
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the gdp, the economy slows down. now we're approaching a sequester and pull money helter skelter from every skek tore, what do you think it's going to do to our economy. >> juan, you're wrong. >> it's going to hurt america. >> juan, you're dead wrong. those weren't the factors that caused the economy to contract. >> that's what the economy said, herman. >> those are the wrong economists, why don't you listen to 80% that are analyzing all of the factors, that's what they're not doing, juan. >> sean: we've got to take a break. we'll come back and more with juan and herman, new contributor after the break and former new york city mayor rudy guiliani is here to explain why liberals are destroying or deploying these sequestration scare tactics and how the mess can be all attributed back to president obama. and former speaker of the house newt sgingrich is here how they confidence of chuck hagel and a jammed packed edition. with the spark miles card from capital one, bjorn earns unlimited rewas for his small business take
the gdp, the economy slows down. now we're approaching a sequester and pull money helter skelter from every skek tore, what do you think it's going to do to our economy. >> juan, you're wrong. >> it's going to hurt america. >> juan, you're dead wrong. those weren't the factors that caused the economy to contract. >> that's what the economy said, herman. >> those are the wrong economists, why don't you listen to 80% that are analyzing all of the factors, that's what...
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Feb 22, 2013
02/13
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FOXNEWS
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the economy i think could be harmed. they estimate 1 hadn't 2 million jobs and that will impact the employment rate. even if you said forget what ray lahood is saying about the long lines at the airport, what does it matter it has consequence on the larger effect on the economy struggling to gape recovery. >> bret: what about fred's point of the public assessment of the sky is falling out of washington and that there is a glazing over. they have heard it a lot. >> the notion wegone crisis to crisis has effect on that. not much changed. at who point do you have impact? the white house is counting on it having impact it puts republicaputpressure on republi. >> so much error, so little time. we are talking about minuscule amount of the economy that will throw us in a recession. this will have some epect the washington area. because they will be furloughed of people working for the federal government. but washington area prospered as the rest of the country suffered. people have done well. it will cause the most disruption.
the economy i think could be harmed. they estimate 1 hadn't 2 million jobs and that will impact the employment rate. even if you said forget what ray lahood is saying about the long lines at the airport, what does it matter it has consequence on the larger effect on the economy struggling to gape recovery. >> bret: what about fred's point of the public assessment of the sky is falling out of washington and that there is a glazing over. they have heard it a lot. >> the notion wegone...
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find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into kinds a report on our. own i've done your bushel america's great pile status exposed as a great fruit coming up. america has the worst infant mortality the highest child poverty and the least freedom shocking new research. one kids in the states grow one love. and no more tax in the u.s. . we are the united states of america the greatest country on earth traditions that continue to transfer great things that mainstream media is feeding a great lawyer key indicators america is now one of the most privileged countries in including in football toilet seat hold. it's all beds per population and survival post middle age americas twenty eight from thirty fighting for low spots in the o.e.c.d. with mexico hungary and turkey that's an immoral question amongst the humane enemy and humane society to ask that question where is the profit here how is this going to affect our bottom line how are we going to make money off this sick person that's i mean t
find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into kinds a report on our. own i've done your bushel america's great pile status exposed as a great fruit coming up. america has the worst infant mortality the highest child poverty and the least freedom shocking new research. one kids in the states grow one love. and no more tax in the u.s. . we are the united states of america the greatest country on...
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Feb 22, 2013
02/13
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CNBC
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so it's always relevant to economies in europe. they are facing an overshoot of the exchange rate, but it is too high for their purpose. that is going to bring the tension back into euro net. >> and speaking of italy, we79 to remind folks what else is coming up on today's program. the final countdown is under way for italy's election. we'll get a check on europe's growth process spengts for the eu forecast. we'll head live to brussels for a live press conference. in other news, boeing is set to unveil a plan to help its troubled dreamliner to take flight today. and we're rolling out the red carpet. we'll head to tinsel town to the biggest night in hollywood. find out which films are tipped to win big at this year's oscars. fears are mounting that an inconclusive election this weekend could undermine the euro and set back markets in italy. hans, as we edge closer to that event, polls open sunday and they close on monday. we've seen the two-day sell off. is it related to the outcome here? >> well, i think the italian election has had
so it's always relevant to economies in europe. they are facing an overshoot of the exchange rate, but it is too high for their purpose. that is going to bring the tension back into euro net. >> and speaking of italy, we79 to remind folks what else is coming up on today's program. the final countdown is under way for italy's election. we'll get a check on europe's growth process spengts for the eu forecast. we'll head live to brussels for a live press conference. in other news, boeing is...
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Feb 22, 2013
02/13
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CNNW
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. >> our economy is adding jobs but too many people still can't find full-time employment. >> when president obama took office, 134 million americans were working in nonfarm jobs. today, after massive losses and a slow recovery, we're only 1.2 million jobs better off. and many pay less than those that were lost. recent study by the center for college affordability found almost half of college graduates are now in jobs that do not require four-year degrees. things like janitorial services, taxi driving and retail sales. professor richard vetter at ohio university helped author that study. >> let's say each one of them were making $20,000 a year more in income, which is quite plausible. we are talking about $400 billion a year in lost wages. >>> numbers like that made some economic analysts argue that underemployment may be every bit as damaging to the economy as unemployment. and kellock irvin is caught in the middle of it all. for now he takes freelance jobs as a photographer and part-time work with moving companies. but -- >> that can only support me so long before i need to head home. >> h
. >> our economy is adding jobs but too many people still can't find full-time employment. >> when president obama took office, 134 million americans were working in nonfarm jobs. today, after massive losses and a slow recovery, we're only 1.2 million jobs better off. and many pay less than those that were lost. recent study by the center for college affordability found almost half of college graduates are now in jobs that do not require four-year degrees. things like janitorial...
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Feb 22, 2013
02/13
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KRCB
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it says recent market moves reflect the fundamentals of the global economy. imf officials point out that japan's trade deficit is growing and moves by traders to by the yen as a relatively safe currency has paused. these factors led to weaker yen. stronger monetary easing measures are needed. the report was issued at the g20 meeting that took place last weekend in moscow. >>> many participants at a recent trade policy meeting may also have backed japan's economic program, but some concerns aut the falling yen. japan's representatives faced a policy review at the world trade organization in geneva. wto members generally welcomed japan's economic program. they said the policies raised hope japan can recover from the downturn. they also stressed japan should pursue further structural reform, including more trade liberalization. but south korean and chinese representatives expressed concerns over the yen's deappreciation. they said japan could intentionally be driving down the yen for boosting its exports. the japanese delegates explained their monetary easing is
it says recent market moves reflect the fundamentals of the global economy. imf officials point out that japan's trade deficit is growing and moves by traders to by the yen as a relatively safe currency has paused. these factors led to weaker yen. stronger monetary easing measures are needed. the report was issued at the g20 meeting that took place last weekend in moscow. >>> many participants at a recent trade policy meeting may also have backed japan's economic program, but some...
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Feb 22, 2013
02/13
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MSNBC
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in particular, the american economy the last couple of decades due to the competition from elsewhere has increasingly been seeing lousy jobs and lovely jobs. you've got a tiny elite of highly skilled workers who are basically taking all the gains of productivity increase sxdz you have a lot of workers who are basically doing terrible jobs and the middle have been squeezed. that, in addition to tax policy, has been driving this gap, but it's something that policy makers need to think about. >> we have to chip at that. the president in his state of the union proposed a federal minimum wage of $9 an hour. it's not going to pass, obviously, because republicans don't support it, but there are ways to chip at it from a policy standpoint. we can't ignore the policy realm. >> particularly at a time when wages are not keeping pace with inflation, so that also has contributed disparity. there's an interesting piece in usa today about wal-mart pointing out that they actually did very well last year because of tax breaks, but, yet, this year they're freaking out because, why? customers don't hav
in particular, the american economy the last couple of decades due to the competition from elsewhere has increasingly been seeing lousy jobs and lovely jobs. you've got a tiny elite of highly skilled workers who are basically taking all the gains of productivity increase sxdz you have a lot of workers who are basically doing terrible jobs and the middle have been squeezed. that, in addition to tax policy, has been driving this gap, but it's something that policy makers need to think about....
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Feb 22, 2013
02/13
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FBC
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answers. ♪ gerri: well, look, i know we're supposed to be in a slow-growth economy. prices sure aren't. first, rising food prices hard to miss the grocery store. according to the government, ground beef is up 13 and a half percent year-over-year. chicken of more than 12%. here is what really stings, stake up 9%. coffee up seven and a half%. that is to of my three food groups. the third, in the butter, up more than 11%. i am stepping a little bit, but it is deadly serious. consumer budgets stretched the limits. wages stagnant or down for those with jobs, and for those on fixed incomes, well, there is not a lot of room for a tebow in the prices skyrocketing. we asked viewers on twitter and facebook if you are facing higher prices and the answer was a resounding yes. we are having a hard time making it. i stretch every meal, not a scrap of food is wasted. my meal plan to reach out. solutions, eating a lot more fresh veggies from our garden, green bananas, all green such as the broccoli leaves. with not one not. and it is not just food. gas prices are up almost $0.50 a t
answers. ♪ gerri: well, look, i know we're supposed to be in a slow-growth economy. prices sure aren't. first, rising food prices hard to miss the grocery store. according to the government, ground beef is up 13 and a half percent year-over-year. chicken of more than 12%. here is what really stings, stake up 9%. coffee up seven and a half%. that is to of my three food groups. the third, in the butter, up more than 11%. i am stepping a little bit, but it is deadly serious. consumer budgets...
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Feb 22, 2013
02/13
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CNBC
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economy? >> it gets into an either/or. is the president going to side with the union in his stakeholder base that really need the jobs or with the environmentalists? first of all, this won't make any difference on the greenhouse gases. we're committed to lowering greenhouse gases but it's displacing venezuelan oil so if i can say it again to the american media through you, it's displacing venezuelan oil. canada or hugo chavis? i think it's a pretty simple answer. >> it's a great point to make. sur sure. >> mike: thank you very much. ambassador doer joining us live from caad. does this create the perfect buying opportunity. and later does it get any raise year than this? danica patrick is the first woman ever to take the policy at the daytona 500. the question everyone has now is will she win the race? plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm wit
economy? >> it gets into an either/or. is the president going to side with the union in his stakeholder base that really need the jobs or with the environmentalists? first of all, this won't make any difference on the greenhouse gases. we're committed to lowering greenhouse gases but it's displacing venezuelan oil so if i can say it again to the american media through you, it's displacing venezuelan oil. canada or hugo chavis? i think it's a pretty simple answer. >> it's a great...
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Feb 22, 2013
02/13
by
CSPAN2
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and to beat be him, you had to beat him on the economy. every candidate was going to have to try to trump him on that. and we were fairly confident that no candidate was able to do that. the process was going to be a referendum on who is best suited to defeat barack obama. in a somatic sense. in that sense, but the primary, as much as possible, were you often spend time talking about this and that, and then you have to shipbuilder. that was the caveat. if you go back and read the announcement speech, you can take a look at what was like before the general election. >> leary mentioned the formative research that we were doing. i think we would all agree that it is all about the economy in some form or fashion. [talking over each other] >> what was the definition of what the economy was? all that research that we did in the spring of 2011 was largely about the way people saw the economy from their own experience. the general sense of empowerment that the middle-class felt, you know, it was real anger. anger about the forces they felt were co
and to beat be him, you had to beat him on the economy. every candidate was going to have to try to trump him on that. and we were fairly confident that no candidate was able to do that. the process was going to be a referendum on who is best suited to defeat barack obama. in a somatic sense. in that sense, but the primary, as much as possible, were you often spend time talking about this and that, and then you have to shipbuilder. that was the caveat. if you go back and read the announcement...
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Feb 22, 2013
02/13
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FBC
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speewun the economy is weak and the debt keeps growing? the new york times states is position this morning. it is in full agreement when the obama administration may have written the obama policy. to reduce the deficit in the weak economy, new taxes on high-income americans are a matter of necessity and fairness. that is the direct opposite of president reagan's policy, and the republican thinking. battle lines are drawn. tax more, tax less, keep spending, cut spending. it seems we have lost sight of what we need more than anything else which is robust economic growth. if we had a four or 5% expansion we would get a grip on the deficit. instead we settle for a new normal. at best 2% growth, near and bennett 8% unemployment and out of control debt. not good enough. welcome to renew our of "varney and company". more on the tax manifesto moment but first you are spending less because you are bringing home less money. shrinking paycheck because of the payroll tax increase and a rising price of gas. troubling stats from the national retail fede
speewun the economy is weak and the debt keeps growing? the new york times states is position this morning. it is in full agreement when the obama administration may have written the obama policy. to reduce the deficit in the weak economy, new taxes on high-income americans are a matter of necessity and fairness. that is the direct opposite of president reagan's policy, and the republican thinking. battle lines are drawn. tax more, tax less, keep spending, cut spending. it seems we have lost...
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Feb 22, 2013
02/13
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CSPAN2
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was going to be the candidate of the economy, and to be met from you have to beat him on the economy. and so every candidate was going to have to post up and have to trump him on that, and we were fairly confident that no candidate would be able to do that. and that's the process of the primary was going to be resting on who is best suited to defeat barack obama and to face barack obama. not in an electability since been a dramatic sense. and in that sense, the primary, as much as possible, was not going to be one of these primaries where you go off and spend the primary talking about x. and have to go and shift and talk about y in the general election. and that was the theory. i think you go back to read the announcement speech, it was a speech sort of given before the general election. >> i want to jump ahead, but the interesting, larry mentioned the formative research that we're doing. and if they were all would agree that we all believe the race is going to be about the economy in some form or fashion, and the question was what was the definition of what the economy was. and all t
was going to be the candidate of the economy, and to be met from you have to beat him on the economy. and so every candidate was going to have to post up and have to trump him on that, and we were fairly confident that no candidate would be able to do that. and that's the process of the primary was going to be resting on who is best suited to defeat barack obama and to face barack obama. not in an electability since been a dramatic sense. and in that sense, the primary, as much as possible, was...